The Effect of Location Variables on the Gross Rents of Neighborhood Shopping Centers

Kenton L. Ownbey, Kyle Davis and Harvey H. Sundel
Additional contact information
Kenton L. Ownbey: Norwest Investment Management and Trust 1740 Broadway Denver, Colorida 80274-8691
Kyle Davis: Statistical Consulting Services, Inc. 1380 Lawrence St. Denver, Colorida 80204
Harvey H. Sundel: Sundel Research, Inc. 1150 Delaware Street Denver, Colorida 80204

Journal of Real Estate Research, 1994, vol. 9, issue 1, 111-124

Abstract: An understanding of the impact of location variables on the gross rents of retail centers is of paramount interest to owners of, and lenders to, these properties. Through experience and training, retail real estate appraisers, investors, lenders, leasing brokers, and sales brokers have formed professional opinions of the influence of location variables on gross rents. This article presents a method for modeling the options of over 100 of these practitioners. The modeling process can be replicated in alternative geographic settings to provide a current, region-specific assessment of the impact of location variables on the gross rents of neighborhood shopping centers.

JEL-codes: L85 (search for similar items in EconPapers)
Date: 1994
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://pages.jh.edu/jrer/papers/pdf/past/vol09n01/v09p111.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jre:issued:v:9:n:1:1994:p:111-124

Ordering information: This journal article can be ordered from
Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323
http://pages.jh.edu/jrer/about/get.htm

Access Statistics for this article

Journal of Real Estate Research is currently edited by Dr. Ko Wang

More articles in Journal of Real Estate Research from American Real Estate Society American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323.
Bibliographic data for series maintained by JRER Graduate Assistant/Webmaster ().